Navistar International Corporation (NAV) : 14 analysts are covering Navistar International Corporation (NAV) and their average rating on the stock is 3, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 3 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Navistar International Corporation (NAV) : Average target price received by Navistar International Corporation (NAV) is $18.4 with an expected standard deviation of $3.17. The most aggressive target on the stock is $25, whereas the most downbeat target is $14. 10 financial analysts are currently covering the stock.
Also, Equity Analysts at the Brokerage Firm, Goldman Sachs, upgrades their rating on the shares of Navistar International Corporation (NYSE:NAV). Goldman Sachs has a Neutral rating on the shares. Previously, the analysts had a Sell rating on the shares. As per the latest research report, the brokerage house raises the price target to $20 per share from a prior target of $18. The rating by the firm was issued on September 9, 2016.
Navistar International Corporation (NYSE:NAV): After opening at $19.09, the stock dipped to an intraday low of $18.91 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.5 and the buying power remained strong till the end. The stock closed at $19.3 for the day, a gain of 1.31% for the day session. The total traded volume was 746,526. The stocks close on the previous trading day was $19.05.
Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. It also provides retail, wholesale, and lease financing of trucks and parts. The Company operates in four reporting segments, which comprises: North America Truck, North America Parts, Global Operations (collectively referred to as Manufacturing operations), and Financial Services. Its principal products and services include Trucks, Parts, Engines and Financial Services.